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Business & EconomyHeadlines

Moghalu promises police reforms and single-digit GDP growth economy

Olatunbosun Obafemi
Last updated: July 24, 2026 1:05 am
Olatunbosun Obafemi
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Kingsley Moghalu
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The presidential candidate of the Young Progressives Party, YPP, Prof. Kingsley Moghalu has assured Nigerians that his administration will prioritize the reformation of Nigeria Police to put an end to the era of extortion of ordinary Nigerians on the street when he assumed office as the President.

Moghalu said this at a media interaction with journalists in Lagos at Freedom Park. He said that he will inject an additional 1.5 million manpower and ensure better training, equipment and welfare package.

According to the former CBN Deputy Governor, “Our presidency will return the economy to upper single-digit GDP growth in two years and double-digit by 2023. We are going to ensure that Nigerians who have worked for five years have access to mortgage to own their first homes.

“Within two years, we are going to deliver constitutional restructuring of Nigeria while also make Nigeria the hub for renewable energy investment, innovation and production in Africa.”

Moghalu also promised to cut youth unemployment by half within two years, and establish a N1 trillion venture capital fund to provide equity financing for innovative business and commercialisation of inventions.

He said: “We are going to ensure amendment of the Land Use Act to provide for permanent statutory right of occupancy to landed properties. Establish a seaport in eastern Nigeria and complete the 2nd Niger Bridge within two years.

“We are going to establish a system for the elderly and vulnerable to have free access to medical care and reform the school curricula to prioritise science, technology, innovation and entrepreneurship. Vocational training centre will also be set up in each of the 774 LGAs.”

TAGGED:EconomyGDPMoghalusingle
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ByOlatunbosun Obafemi
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Bosun Obafemi is a seasoned journalist and editor for national daily news publication outfits.
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